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Tiger Corp. uses a perpetual FIFO inventory system. The following information was available for the month of August: Beginning Inventory 2 5 units at $

Tiger Corp. uses a perpetual FIFO inventory system. The following information was available for the month of August:
Beginning Inventory 25 units at $12 per unit
August 510 units purchased at $13 per unit
August 1815 units purchased at $14 per unit
If Tiger Corp sold 12 units for $25 per unit on August 15, what is the COGS on the date of the sale? What is ending inventory at August 31?

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